An income which is not declared by a person or a group of persons in a nation is termed as? [#906]
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Q1. An income which is not declared by a person or a group of persons in a nation is termed as?
Q1. An income which is not declared by a person or a group of persons in a nation is termed as?
(A) High powered money
(A) High powered money
(A) High powered money
(B) Fiat money
(B) Fiat money
(B) Fiat money
(C) Hot money
(C) Hot money
(C) Hot money
(D) Black money
(D) Black money
(D) Black money
Answer: (D) Black money
Answer: (D) Black money
Answer: (D) Black money
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
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Related MCQ Quizzes
Q1. Seasonal Unemployment is generally seen in which section of Economy?
Q1. Seasonal Unemployment is generally seen in which section of Economy?
(A) Industrial Sector
(A) Industrial Sector
(A) Industrial Sector
(B) Service Sector
(B) Service Sector
(B) Service Sector
(C) Agriculture Sector
(C) Agriculture Sector
(C) Agriculture Sector
(D) Business Sector
(D) Business Sector
(D) Business Sector
Answer: (C) Agriculture Sector
Answer: (C) Agriculture Sector
Answer: (C) Agriculture Sector
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others.
Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
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Q2. The first bank established in Assam is?
Q2. The first bank established in Assam is?
(A) State Bank of India
(A) State Bank of India
(A) State Bank of India
(B) Bandhan Bank
(B) Bandhan Bank
(B) Bandhan Bank
(C) Lakhimi Bank
(C) Lakhimi Bank
(C) Lakhimi Bank
(D) Guwahati Bank
(D) Guwahati Bank
(D) Guwahati Bank
Answer: (D) Guwahati Bank
Answer: (D) Guwahati Bank
Answer: (D) Guwahati Bank
The first bank in Assam is The Gauhati Bank Ltd, which was incorporated on June 18, 1926.
The first bank in Assam is The Gauhati Bank Ltd, which was incorporated on June 18, 1926.
The first bank in Assam is The Gauhati Bank Ltd, which was incorporated on June 18, 1926.
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Q3. The concepts of wages, rent, interest and profit are studied under which branch of Economics?
Q3. The concepts of wages, rent, interest and profit are studied under which branch of Economics?
(A) Microeconomics
(A) Microeconomics
(A) Microeconomics
(B) Macroeconomics
(B) Macroeconomics
(B) Macroeconomics
(C) Econometrics
(C) Econometrics
(C) Econometrics
(D) Classical Economics
(D) Classical Economics
(D) Classical Economics
Answer: (A) Microeconomics
Answer: (A) Microeconomics
Answer: (A) Microeconomics
Microeconomics
Microeconomics
Microeconomics
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Q4. An income which is not declared by a person or a group of persons in a nation is termed as?
Q4. An income which is not declared by a person or a group of persons in a nation is termed as?
(A) High powered money
(A) High powered money
(A) High powered money
(B) Fiat money
(B) Fiat money
(B) Fiat money
(C) Hot money
(C) Hot money
(C) Hot money
(D) Black money
(D) Black money
(D) Black money
Answer: (D) Black money
Answer: (D) Black money
Answer: (D) Black money
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
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Q5. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?
Q5. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?
(A) John Maynard Keynes
(A) John Maynard Keynes
(A) John Maynard Keynes
(B) Alfred Marshall
(B) Alfred Marshall
(B) Alfred Marshall
(C) David Ricardo
(C) David Ricardo
(C) David Ricardo
(D) Adam Smith
(D) Adam Smith
(D) Adam Smith
Answer: (D) Adam Smith
Answer: (D) Adam Smith
Answer: (D) Adam Smith
Adam Smith
Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.
Adam Smith Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.
Adam Smith Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.
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Q6. Who is the author of the book "Principles of Economics"?
Q6. Who is the author of the book "Principles of Economics"?
(A) Adam Smith
(A) Adam Smith
(A) Adam Smith
(B) Alfred Marshall
(B) Alfred Marshall
(B) Alfred Marshall
(C) Lionell Robbins
(C) Lionell Robbins
(C) Lionell Robbins
(D) David Ricardo
(D) David Ricardo
(D) David Ricardo
Answer: (B) Alfred Marshall
Answer: (B) Alfred Marshall
Answer: (B) Alfred Marshall
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.
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Q7. A continuous rise in the price level is called
Q7. A continuous rise in the price level is called
(A) stagflation
(A) stagflation
(A) stagflation
(B) deflation
(B) deflation
(B) deflation
(C) hyperinflation
(C) hyperinflation
(C) hyperinflation
(D) inflation
(D) inflation
(D) inflation
Answer: (D) inflation
Answer: (D) inflation
Answer: (D) inflation
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past.
Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment.
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy.
Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
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Q8. Which social science studies the production, distribution and consumption of wealth?
Q8. Which social science studies the production, distribution and consumption of wealth?
(A) Commerce
(A) Commerce
(A) Commerce
(B) Economics
(B) Economics
(B) Economics
(C) Political Science
(C) Political Science
(C) Political Science
(D) Sociology
(D) Sociology
(D) Sociology
Answer: (B) Economics
Answer: (B) Economics
Answer: (B) Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life.
Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
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Q9. Which of the following Indian Economist won Nobel Prize in Economic Science?
Q9. Which of the following Indian Economist won Nobel Prize in Economic Science?
(A) Rabindranath Tagore
(A) Rabindranath Tagore
(A) Rabindranath Tagore
(B) C. V. Raman
(B) C. V. Raman
(B) C. V. Raman
(C) Arundhti Roy
(C) Arundhti Roy
(C) Arundhti Roy
(D) Amartya Sen
(D) Amartya Sen
(D) Amartya Sen
Answer: (D) Amartya Sen
Answer: (D) Amartya Sen
Answer: (D) Amartya Sen
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
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Q10. SEBI stands for
Q10. SEBI stands for
(A) Science and Engineering Board of India
(A) Science and Engineering Board of India
(A) Science and Engineering Board of India
(B) Securities and Exchange Board of India
(B) Securities and Exchange Board of India
(B) Securities and Exchange Board of India
(C) Social Equity Bureau of India
(C) Social Equity Bureau of India
(C) Social Equity Bureau of India
(D) Science and Educational Board of India
(D) Science and Educational Board of India
(D) Science and Educational Board of India
Answer: (B) Securities and Exchange Board of India
Answer: (B) Securities and Exchange Board of India
Answer: (B) Securities and Exchange Board of India
Securities and Exchange Board of India
Securities and Exchange Board of India
Securities and Exchange Board of India
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